Bank failure · TX
American National Bank of Greenville (Greenville, TX) — failed July 12, 1990
American National Bank of Greenville of Greenville, Texas was closed on July 12, 1990 and resolved through a purchase and assumption. Sulphur Springs State Bank (TX) took over its insured deposits. At failure it held $29.1M in assets and $29.5M in deposits. The FDIC's estimated loss on the failure is $6.9M (23.7% of assets).
- Closing date
- July 12, 1990
- FDIC certificate #
- 26387
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Sulphur Springs State Bank
- Insurance fund
- BIF
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